Upload Button Icon Add office photos
filter salariesFilter salaries by

SBI Life Insurance Company Senior Associate Underwriter salaries in India (Updated 2025)

Annual salary range
4 - 8 years exp.
₹4.7 Lakhs - ₹6.1 Lakhs
Low Confidence
info icon
Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
unlock blur
unlock blur

At par with the average Senior Associate Underwriter Salary in Insurance Companies for 4 - 8 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Senior Associate Underwriter Salary
4 - 5 years exp. (AmbitionBox Estimate)
unlock-blur

₹4.7 L/yr - ₹5 L/yr

Customer Success, Service & Operations
Senior Associate Underwriter Salary
7 - 8 years exp. (AmbitionBox Estimate)
unlock-blur

₹5.5 L/yr - ₹6.1 L/yr

Last Updated: 11 Feb 2025

Companies similar to SBI Life Insurance Company for Senior Associate Underwriter

Company name Avg Annual Salary Open Jobs
unlock blur

₹3.5 L/yr - ₹5.3 L/yr

arrow icon 22% less
Logo
unlock blur

₹3 L/yr - ₹3.5 L/yr

arrow icon 40% less
unlock blur

₹5 L/yr - ₹9.5 L/yr

arrow icon 22% more
unlock blur

₹3.3 L/yr - ₹5 L/yr

arrow icon 22% less
Logo
WNS Senior Associate Underwriter Salary

2 - 3 years exp. (4 salaries)

unlock blur

₹4.5 L/yr - ₹6 L/yr

arrow icon 7% more

Mark your calendar for
Women @ Work from Mar 6-8

Grow your career with industry insights, exclusive jobs & exciting rewards

Senior Associate Underwriter salary at SBI Life Insurance Company ranges between ₹4.7 Lakhs to ₹6.1 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of SBI Life Insurance Company.

Latest annual salaries shared by SBI Life Insurance Company Senior Associate Underwriter

3d ago
avg blur mobile
5 years exp.
5mo ago
avg blur mobile
8 years exp.
10mo ago
avg blur mobile
4 years exp.
1y ago
avg blur mobile
7 years exp.
1y ago
avg blur mobile
5 years exp.

Experience wise SBI Life Insurance Company Senior Associate Underwriter salaries

Last Updated: 11 Feb 2025

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

unlock blur

₹4.7 L/yr - ₹4.7 L/yr
5 years (AmbitionBox Estimate)

unlock blur

₹2 L/yr - ₹5 L/yr
6 years (AmbitionBox Estimate)

unlock blur

₹4.7 L/yr - ₹6 L/yr
7 years (AmbitionBox Estimate)

unlock blur

₹5.5 L/yr - ₹10 L/yr
8 years (AmbitionBox Estimate)

unlock blur

₹2.3 L/yr - ₹6.1 L/yr

Similar Designation salaries in SBI Life Insurance Company

Senior Associate Salary
(536 salaries)
unlock blur
₹2 L/yr - ₹6.75 L/yr
Senior Process Associate Salary
(AmbitionBox Estimate)
unlock blur
₹4.3 L/yr - ₹5.5 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
unlock blur
₹9 L/yr - ₹11.5 L/yr
unlock blur
₹1.2 L/yr - ₹3.5 L/yr
unlock blur
₹1.5 L/yr - ₹4.6 L/yr
Customer Care Executive Salary
(AmbitionBox Estimate)
unlock blur
₹1.7 L/yr - ₹2.2 L/yr
unlock blur
₹2.9 L/yr - ₹7.48 L/yr
unlock blur
₹3.6 L/yr - ₹13 L/yr
Team Manager Salary
(8 salaries)
unlock blur
₹7.5 L/yr - ₹14.25 L/yr
unlock blur
₹1.2 L/yr - ₹2.1 L/yr

Salary related reviews for SBI Life Insurance Company

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 30 May 2022

3.0
 for  Salary and Benefits

Likes

Average work environment and culture . Teammates are supportive and the management is selfish. Company policies are bad . Appraisals not fair in this company.

read more
  • Job security - Good

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is very slow

read more
  • Work satisfaction - Poor
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 29 Apr 2018

3.0
 for  Salary and Benefits

Likes

Company is

  • Job security - Good
  • +1 more

Dislikes

Company is good but as per process of career growth, it is very slow. Company's salary structure is also not good. My salary is less than a person who is coming on my position which I had before 2 years

read more

BFSI, Investments & Trading Department

5.0
  •  posted on 29 Oct 2020

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more

Full Time

 · 

Marketing & Communication Department

5.0
  •  posted on 30 Jan 2025

2.0
 for  Salary and Benefits

Likes

Very good policy, good Behaviour from all senior Management.

  • Skill development - Good
  • +3 more

Dislikes

I am working from last 8 year but my salary is very low. If someone working is in other companies and they switched from there to here they are getting good CTC. If you are working in good location and if your assign branch and branch manager is good so you can get promotion but if you not working in good location or your assign branch is not good it's very deficit to get promotion.

read more
  • Salary - Poor

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 17 Jan 2024

1.0
 for  Salary and Benefits

Likes

Even though the salary in this company is very less as per the work, the salary is paid on time.

read more

Dislikes

In today's times, it is important to work to support my family properly, hence I give my 100% to this company so that someday my salary will increase but after working for more than 1 year, I am realizing that It is very difficult to move forward, here we have to work till late night due to which we are not able to give time to our family, and even after doing so much work, we get very low salary so that I cannot support my family properly. I don't know how to do it, even after working for more than 14 hours every day, I don't get any bonus also.

read more
  • Salary - Bad
  • +4 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

SBI Life Insurance Company Senior Associate Underwriter Salary FAQs

What is the salary of Senior Associate Underwriter at SBI Life Insurance Company?
Senior Associate Underwriter salary at SBI Life Insurance Company in India ranges between ₹4.7 Lakhs to ₹6.1 Lakhs for experience between 4 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of SBI Life Insurance Company India.
Which similar companies are paying more than SBI Life Insurance Company to a Senior Associate Underwriter in India?
  • Firstsource Solutions Senior Associate Underwriter Salary - ₹5.0 Lakhs to ₹9.5 Lakhs per year
  • WNS Senior Associate Underwriter Salary - ₹4.5 Lakhs to ₹6.0 Lakhs per year
What is the salary of a Senior Associate Underwriter in companies similar to SBI Life Insurance Company in India?
  • ICICI Prudential Life Insurance Senior Associate Underwriter Salary - ₹3.5 Lakhs to ₹5.3 Lakhs per year
  • EXL Service Senior Associate Underwriter Salary - ₹3.3 Lakhs to ₹5.0 Lakhs per year
  • HDFC Life Senior Associate Underwriter Salary - ₹3.0 Lakhs to ₹3.5 Lakhs per year
What is the estimated take home salary of a Senior Associate Underwriter at SBI Life Insurance Company in India?
The estimated take-home salary of a Senior Associate Underwriter at SBI Life Insurance Company ranges between ₹39,467 per month to ₹40,640 per month in India. The take-home salary calculation is based on the average SBI Life Insurance Company Senior Associate Underwriter salary in India which ranges between ₹4.7 Lakhs to ₹6.1 Lakhs per year for employees with experience between 4 years to 8 years. Check how did we calculate take home salary?
What is the notice period for Senior Associate Underwriter at SBI Life Insurance Company?
According to AmbitionBox, 75% of the SBI Life Insurance Company Senior Associate Underwriters reported a notice period of 3 Months, 25% reported a notice period of 15 days or less.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

SBI Life Insurance Company Senior Associate Underwriter salary in India ranges between ₹4.7 Lakhs to ₹6.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 SBI Life Insurance Company latest salaries received from various employees of SBI Life Insurance Company.